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Nov 22, 2012
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into egypt. now the hamas, they want israel to pull the military out. and have a complete opening of the borders. into egypt. general clark, doesn't that open the door, if that ever happened, to iranians rearming, rearming three egypt, through the sinai, rearming hamas just like they always do. >> of course, and israel can't permit that and shouldn't permit that. this is where egypt has to step up and say, we will insure that no weapons get back into gaza. that has to be worked out in stages and demonstrated. it has to be checked and verified. and israel has a continuing interest and should have a continuing right to verify that. >> do you think, general, serious, do you think that hamas, i hope i'm not being too cynical, but hamas in some sense, gained a public relations victory? is that possible? and when you talk about egypt, egypt helped them gain a public relations victory? that kind of burns the back of my neck, general. but that's kind of the way i see it. >> obviously, they are going to s
into egypt. now the hamas, they want israel to pull the military out. and have a complete opening of the borders. into egypt. general clark, doesn't that open the door, if that ever happened, to iranians rearming, rearming three egypt, through the sinai, rearming hamas just like they always do. >> of course, and israel can't permit that and shouldn't permit that. this is where egypt has to step up and say, we will insure that no weapons get back into gaza. that has to be worked out in...
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Nov 28, 2012
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egypt, the policy of the western world was egypt by propping up mubarak to have stability, quote, unquote, was account of greenspan stability we have, that kind of pseudo moderation. things were brewing under the surface and now we pay the price after 40 years of sadat and the other fellow. so now we have to pay the price. what's going to happen? nobody knows. even the players don't know. we still don't know. i don't think it is going -- we're going to move to democracy overnight. we're going to have turmoil. i don't know what's going to happen but that's identical to the trying to eliminate overstabilization of something makes it weaker. that's what we have in egypt. >> the key message is you need volatility, you need stressors in the system, and you need companies and you need markets who can survive those stressors and thrive by them. >> exactly. we need to encourage people to take certain classes of risk. we need more small fluctuation and fewer big crises. in fact we have the exact opposite. things are smooth but with big -- >> very quickly. you said four rules. can you give them qui
egypt, the policy of the western world was egypt by propping up mubarak to have stability, quote, unquote, was account of greenspan stability we have, that kind of pseudo moderation. things were brewing under the surface and now we pay the price after 40 years of sadat and the other fellow. so now we have to pay the price. what's going to happen? nobody knows. even the players don't know. we still don't know. i don't think it is going -- we're going to move to democracy overnight. we're going...
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Nov 23, 2012
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we're talking about specifically violence in egypt. after a decree by egyptian president mohamed morsi that put his decisions above legal challenge. protesters accusing him of a coup. all eyes of course on egypt, as well as israel and gaza where the cease-fire is still in place. oil prices also saw additional port on the news out of europe, optimism over greece today. west texas intermediate closing above $88 a barrel, up 1% in this short rned session. brent risie ining as well but slightly less than that. >>> nonetheless, energy prices apparently are about to get lower. our next guest is talking 70s on crude for next year. john, why are you so bearish on oil for next year? >> a couple of things. global economy doesn't look all that great for next year particularly in europe. they have a lot to get together, the greece situation. we're also now -- >> it's going to get worse than it is this year. >> yeah. iea, opec itself all looking for demand declines next year in terms of growth. also, two things that bedevilled the brent market this
we're talking about specifically violence in egypt. after a decree by egyptian president mohamed morsi that put his decisions above legal challenge. protesters accusing him of a coup. all eyes of course on egypt, as well as israel and gaza where the cease-fire is still in place. oil prices also saw additional port on the news out of europe, optimism over greece today. west texas intermediate closing above $88 a barrel, up 1% in this short rned session. brent risie ining as well but slightly...
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Nov 21, 2012
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it is so interesting to watch the new egypt emerge here and see what their role will be throughout this and in the future. thank you, john. >>> let's look at where the markets stand right now. it is a good checkpoint here at about two minutes past 1:00 eastern time. industrials up 48 points at 12,835 and change. nasdaq higher by .5%, 2,924. s&p up 2 1/2 points at 1 $1,390.32. gold at $1,731 an ounce. oil moving a little bit higher. the january contract at $86.97, up 22 cents. brent crude at $109.93. michelle? >>> another international note on a store out of europe that we continue to watch as well. there are reports of a deal to release emergency aid to greece could come monday. we're also learning today the european central bank is satisfied with a plan to recapitalize greek banks. that's going to be a key part of any kind of international bailout to get that country back up on its feet. >>> now to shopping an retail. of course it takes center stage this week. before we get to what retailers are hoping for, fearful of, and promising for this crucial holiday shopping season, let's look
it is so interesting to watch the new egypt emerge here and see what their role will be throughout this and in the future. thank you, john. >>> let's look at where the markets stand right now. it is a good checkpoint here at about two minutes past 1:00 eastern time. industrials up 48 points at 12,835 and change. nasdaq higher by .5%, 2,924. s&p up 2 1/2 points at 1 $1,390.32. gold at $1,731 an ounce. oil moving a little bit higher. the january contract at $86.97, up 22 cents. brent...
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Nov 15, 2012
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. >> i don't want to contradict you, but the analysis earlier on the network was with egypt and israel you're not going to interrupt the flow of oil, and therefore it isn't an oil event and therefore arguably not a market event. >> it may not be an oil event but i think it is clearly a global event that's going to cause investors to get nervous. what people get nervous, the first thing they want to do is feel safe. they want their money. >> kenny, we'll get back to you in a minute. >>> this one's going to cause a lot of outrage, i promise. the nation heading toward the edge of that fiscal cliff with sky-high deficits. while there's talk of cuts, cuts, cuts, a new report out today on waste in the federal government. eamon javers has details in washington. eamon? >> well, the new report is out from senator tom coburn, a republican from oklahoma up on capitol hill. in the report he accuses the department of defense of really becoming the department of everything. he says the pentagon's wasting a lot of money and he's found examples in the pentagon spending money on things like a study for
. >> i don't want to contradict you, but the analysis earlier on the network was with egypt and israel you're not going to interrupt the flow of oil, and therefore it isn't an oil event and therefore arguably not a market event. >> it may not be an oil event but i think it is clearly a global event that's going to cause investors to get nervous. what people get nervous, the first thing they want to do is feel safe. they want their money. >> kenny, we'll get back to you in a...
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Nov 15, 2012
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israel sent its ambassador home from egypt saying it was planned of course. who knows. i think it's a serious moment and at play of course is the peace agreement between israel and egypt. another reason hamas felt safer because they felt israel would do anything at all to not provoke egypt into abandoning peace. so very serious. >> martin fletcher, thank you for your great report. you're the best in the business. >> a fascinating report. thank you, martin. >>> back to some business here in the united states. with a week to go before the official kickoff to holiday shopping season, it is a big day for retail today. we'll be getting quarterly results from walmart, target, both of these companies before the bell. john lawrence covers the sector for stevens. john, first of all, what can we expect from these two companies with the earnings coming out and what are you seeing with how americans are feeling as we head into the crucial retail season? >> certainly in the case of walmart i think we'll see that they're very bullish on what they've been able to do in the marketplace
israel sent its ambassador home from egypt saying it was planned of course. who knows. i think it's a serious moment and at play of course is the peace agreement between israel and egypt. another reason hamas felt safer because they felt israel would do anything at all to not provoke egypt into abandoning peace. so very serious. >> martin fletcher, thank you for your great report. you're the best in the business. >> a fascinating report. thank you, martin. >>> back to some...
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Nov 5, 2012
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the middle east from syria to egypt. we don't know who our friends are and what the game is and europe. europe isn't fixed yet. europe is kicking the can down. they can't fix it without a devaluation of some kind. they can keep putting money into that. what does that mean to take the first one? the cliff. you need somebody who is a uniter and not a divider. this president proved that he's the class warfare divider. >> here's a cliff question. some people say that if romney wins, the good news is we won't hit the cliff at the end of the year. the bad news is we'll have uncertainty for nine months because we'll have to address the issue in the fall. is that a better outcome than if obama is in office? i don't know the answer. >> we need to bring people together. we need a uniter for that. we go to the regulatory wall that we talked about. we need somebody who understands the role of regulation in a capitalistic system. the president doesn't have the foggiest idea and he delegates that. >> it's more of the people he's given
the middle east from syria to egypt. we don't know who our friends are and what the game is and europe. europe isn't fixed yet. europe is kicking the can down. they can't fix it without a devaluation of some kind. they can keep putting money into that. what does that mean to take the first one? the cliff. you need somebody who is a uniter and not a divider. this president proved that he's the class warfare divider. >> here's a cliff question. some people say that if romney wins, the good...
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Nov 19, 2012
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focusing more on cairo, egypt. that's where intense negotiations are taking place as we understand it. egypt is trying to mediate a truce between palestinian factions and israel. hamas made clear it feels it is in the driver's seat here. it says it will not lay down its arms or stop firing rockets until israel blocks on the territory. it is securing guarantees from israel lit not target hamas or any other palestinian leaders as it did on wednesday p when it killed senior member of hamas' military wing. the israelis say that it is in the driver's seat. it would not stop its aerial assault and not stop possible ground invasion unless hamas halts all rocket fire into southern israel. obviously you can imagine difficult road ahead. right now egypt is meeting with other key players in the region. including the prime minister of turkey, u.n. secretary general moon as well as the prime minister. intense negotiations to avert a ground war in the coming day. >> entire world watching. thank you very much. >>> when we come ba
focusing more on cairo, egypt. that's where intense negotiations are taking place as we understand it. egypt is trying to mediate a truce between palestinian factions and israel. hamas made clear it feels it is in the driver's seat here. it says it will not lay down its arms or stop firing rockets until israel blocks on the territory. it is securing guarantees from israel lit not target hamas or any other palestinian leaders as it did on wednesday p when it killed senior member of hamas'...
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Nov 19, 2012
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the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a mediator? an instigator? >> i don't think they know. >> they're trying to figure out their role. i'm not trying to minimize what's going on but i think traders are using this as an excuse to bid oil prices higher. we're not at a point we're seeing evidence that you can see a cut-off in oil supplies, especially for new york oil. >> that's ultimately the question. will there be a disruption? what series of events would occur to stop the flow of oil? >> suez canal, wherever it is, we're not there yet but trading it up just in case -- >> it ignites something wider. >> our own oil market in new york trades more on our economic fundamentals and tends to follow brent, not the other way around these days. brent's been going higher. >> london brent is far more influenced than by what's going on in texas. >> you bet it is. as the oil market goes, lately, the stock market ha
the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a mediator? an instigator? >> i don't think they know. >> they're trying to figure out their role. i'm not trying to minimize what's going on but i think traders are using this as an excuse to bid oil prices higher. we're not at a point we're seeing...
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Nov 15, 2012
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. >> if they go to war, though, that brings in also egypt, its new president supports hamas as well as iran. iran funds and arms hamas. so that doesn't seem like anything that israel would want to do. so at this point, where do you place the odds of there actually being a conflict? >> pretty high. firstly, the egyptian president decided that he wasn't going to -- he was going to go and support hamas. on the other hand, the egyptian army has sent forces to the gaza border, putting a blockade in position, and seems to have been carrying out operations against islamists in sinai. so that tells us that the army is a lot more powerful than the president, and also is kaumg. as for ir -- calming. iran has a long way away, having problems in iraq with its financial situation what it is. they're not worried about this. this is going to be israel and hamas and that's tough enough. >> so the f the odds are pretty high in your view, is a disruption to oil supplies, is that pretty much a foregone conclusion? >> only if the trade rers as rational as they usually are. this is not going to be spreadin
. >> if they go to war, though, that brings in also egypt, its new president supports hamas as well as iran. iran funds and arms hamas. so that doesn't seem like anything that israel would want to do. so at this point, where do you place the odds of there actually being a conflict? >> pretty high. firstly, the egyptian president decided that he wasn't going to -- he was going to go and support hamas. on the other hand, the egyptian army has sent forces to the gaza border, putting a...
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Nov 19, 2012
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that's the same group that took power in egypt and the group that gave birth to hamas. jordan is still ruled by king abdullah. the muslim brotherhood has made it clear they'd like him to go. >>> we got a nice rally under way here, bertha. >> nasdaq 100, qqqs are the best performers today and among the best advancers is green mountain coffee. of course this is a huge short position. some 39%. this looks a little bit like a technical rally here. the company's stock has moved above its 50-day moving average. it's been just below that over the last couple of weeks and about $1 above that now. >>> red states versus blue states. is your town a state about to fall off the fiscal cliff? steve leisman has the maps that will show us which states and counties stand to get hit the hardest by potential federal spending cuts. everything is bigger in texas. including the strategy for taking down this building. we'll show you what happened when the engineers pushed the plunger. that's next. >>> if congress drifts u.s. economy off the fiscal cliff, the department of education's 2013 bud
that's the same group that took power in egypt and the group that gave birth to hamas. jordan is still ruled by king abdullah. the muslim brotherhood has made it clear they'd like him to go. >>> we got a nice rally under way here, bertha. >> nasdaq 100, qqqs are the best performers today and among the best advancers is green mountain coffee. of course this is a huge short position. some 39%. this looks a little bit like a technical rally here. the company's stock has moved above...
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Nov 28, 2012
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president morsist says he has to takes the action action becausitis egypt's judiciary that's stalling the it's shaping out -- caught in the midding are supporters every both sides, the liberal and secular state say it's on the wrong side, but the president and supporters say he has the pourer, authority and justification to take these measures. >>> as we look at some of the pictures ayman, thank you. >>> we're being blown around by some headlines here. we've had great numbers on housing. here's what happened, right about here. came out below expectations. this is some of the negative data points. i was a little surprised by it. the market was, too. then we want representative boehner come out saying he was optimistic. so we're getting blown around by the headlines. downbeat september and october new home sales numbers. let's talk about retail. things are looking good in retail land. american eagle, all had generally positive comments this morning is consumers continues to spend, home prices are rising. holiday promotions have not been expensive, the cost of goods are lower than last y
president morsist says he has to takes the action action becausitis egypt's judiciary that's stalling the it's shaping out -- caught in the midding are supporters every both sides, the liberal and secular state say it's on the wrong side, but the president and supporters say he has the pourer, authority and justification to take these measures. >>> as we look at some of the pictures ayman, thank you. >>> we're being blown around by some headlines here. we've had great numbers...
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Nov 30, 2012
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my friends reached out and said where is our best content on egypt? i started sharing on facebook. then my friends got tired of me sharing about the middle east. >> as a lot of friends do. >> i realized there is a need for a better place to share content around your interests where anyone can discover it. that's the idea behind snip it. >> walk me through the journey of raising capital. >> raising capital is always tough. you should always do it when you don't need it. we've been lucky, fortunate to have two amazing firms, both with incredible expertise in social media and a very long-term view. when you start a social media startup you want investors with a long-term view and perspective. >> obviously raises questions about monetization, migration to mobile. how do you make the money? when do you become profitable? what is the endgame? >> the endgame is to be the primary way which people share and discover content. every morning you wake up and go to snip it and that is where the best content is. monetization comes through ads. because people are bro
my friends reached out and said where is our best content on egypt? i started sharing on facebook. then my friends got tired of me sharing about the middle east. >> as a lot of friends do. >> i realized there is a need for a better place to share content around your interests where anyone can discover it. that's the idea behind snip it. >> walk me through the journey of raising capital. >> raising capital is always tough. you should always do it when you don't need it....
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Nov 23, 2012
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protesters bearing down in cairo, egypt. we're getting set for another day of trading here. there you have it. opening bell on wall street. kids day here. day after thanksgiving at the new york stock exchange. we see a lot of junior traders filling orders here at the new york stock exchange. ronald mcdonald house charities celebrating kids day here. and sears holding celebrating black friday. we'll talk with sears in just a little bit's time. we are to the upside if you look at the s&p 500 heat map right now. >> it has feeling like it's been two weeks but it's only one. a week in which as we heard from matt where we had major news this week. not expecting to get any today. certainly the alleged fraud at autonomy and hp stock hitting a ten-year low and not to mention the continued insider trading investigation that included a major indictment of someone. two major stories during the course of the week. >> i know you have been involved in hp and breaking a lot of news related to it. hp was such a huge story. we're not talking about a mid sized company and the problems that the
protesters bearing down in cairo, egypt. we're getting set for another day of trading here. there you have it. opening bell on wall street. kids day here. day after thanksgiving at the new york stock exchange. we see a lot of junior traders filling orders here at the new york stock exchange. ronald mcdonald house charities celebrating kids day here. and sears holding celebrating black friday. we'll talk with sears in just a little bit's time. we are to the upside if you look at the s&p 500...
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Nov 17, 2012
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this will be pressure from egypt. there will be pressure from turkey and qatar, the three countries that are the most sympathetic to hamas, because don, i think the fear is warranted. it is not the last time we'll see the conflict between israel and the palestinians. hamas is leading the palestinian people to ruin, hamas must be seen to be a rogue regime. because it is under the palestinian national authority. >> i want to go back to something you said about the president's indifference. do you think it would behoove the president to get involved and trying to solve this crisis? is it even possible to find a solution in the next four years? that question is really asked of every president. >> i think you're absolutely right, from truman, if you want the history, to george bush, people talked about solving the crisis. president obama actually kind of turned away from the region, from the conflict. but now there is noise to do what he can do in the second administration, not the first. it always frustrates american pres
this will be pressure from egypt. there will be pressure from turkey and qatar, the three countries that are the most sympathetic to hamas, because don, i think the fear is warranted. it is not the last time we'll see the conflict between israel and the palestinians. hamas is leading the palestinian people to ruin, hamas must be seen to be a rogue regime. because it is under the palestinian national authority. >> i want to go back to something you said about the president's indifference....
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Nov 17, 2012
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egypt's relations with hamas strengthened. but the new administration in that country. protesters in turkey set an israeli flag and photo of benjamin netanyahu ablaze during a demonstration last night. let's go now to the israeli side of the border as we've been reporting israeli tanks and troops have been taking up position there's. cnn's reporter joins us live from the border. fred, thanks for joining us. what you are seeing in the terms of military activity where you are? >> reporter: hi, gary. there is a lot of military activity on this side of the border as well. a lot of it has to do with the big military buildup that's going on here. look at the roads around the area of gaza, a lot of them have been blocked off. they're not accessible anymore to normal people that want go to go through there they're a military operation zone. you're seeing a lot of military hardware on the road, usually on the back of trucks. we see a lot of tanks being delivered here, a lot of armored personnel carriers. what's going on is all this hardware is brought to collection area as well
egypt's relations with hamas strengthened. but the new administration in that country. protesters in turkey set an israeli flag and photo of benjamin netanyahu ablaze during a demonstration last night. let's go now to the israeli side of the border as we've been reporting israeli tanks and troops have been taking up position there's. cnn's reporter joins us live from the border. fred, thanks for joining us. what you are seeing in the terms of military activity where you are? >> reporter:...
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Nov 16, 2012
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and i think even in egypt when you have morsi says, well, the egypt of today is not like the egypt of yesterday. the arab world of today is not like the arab world of yesterday. but fundamentally the mandate now, the mandate of morsi and the mandate of the muslim brotherhood in egypt is to govern this burdened country 80 million some people and the idea that the egyptians even the egyptians with the closest to hamas that they would give a kind of veto over their own policies to hamas i don't give that much credence. >> do you believe the israeli/egyptian peace treaty which was signed in washington in 1979 will survive? >> i believe the egyptian/israeli treaty will survive because it's important for both parties. i think the peace was made and kept by mubarak. i think now the morsi people will not pay homage to this piece, they will not praise it in full daylight but they will abide by it because they know it's essential for their relationship with the united states and for their ability to floetd loans from the international monetary fund and to keep this economy and this society aflo
and i think even in egypt when you have morsi says, well, the egypt of today is not like the egypt of yesterday. the arab world of today is not like the arab world of yesterday. but fundamentally the mandate now, the mandate of morsi and the mandate of the muslim brotherhood in egypt is to govern this burdened country 80 million some people and the idea that the egyptians even the egyptians with the closest to hamas that they would give a kind of veto over their own policies to hamas i don't...
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Nov 18, 2012
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egypt is trying to prevent this war from getting out of hand. spearheading talks aimed at ending the violence. israel's prime minister says hamas can end all this. bd ben wedeman is watching the conflict play out. >> reporter: we've seen apparent urgent action by the israeli army in this area to get as much material, tanks, armoured personnel carriers and troops in the area around gaza in obvious preparation for a potential ground invasion of the gaza strip. but a decision to actually go in has to come from the leadership, from prime minister benjamin netanyahu and from his security cabinet. that has not come yet. on sunday, it's expected that the secretary general of arab league is going to come to gaza with four arab foreign ministers. it may be difficult to launch a ground invasion while just a high-level group is there. we understand that intense contacts are under way between israel and the united states to potentially talk about a cease-fire. i spoke with a senior israeli spokesman who flatly denied reports that some sort of negotiated cea
egypt is trying to prevent this war from getting out of hand. spearheading talks aimed at ending the violence. israel's prime minister says hamas can end all this. bd ben wedeman is watching the conflict play out. >> reporter: we've seen apparent urgent action by the israeli army in this area to get as much material, tanks, armoured personnel carriers and troops in the area around gaza in obvious preparation for a potential ground invasion of the gaza strip. but a decision to actually go...
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Nov 18, 2012
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egypt is trying to prevent this war from getting out of hand. spearheading talks aimed at ending the violence. israel's prime minister says hamas can end all this. ben wedeman is watching the conflict play out. >> reporter: we've seen apparent urgent action by the israeli army in this area to get as much material, tanks, armored personnel carriers and troops in the area around gaza in obvious preparation for a potential ground invasion of the gaza strip. but a decision to actually go in has to come from the leadership, from prime minister benjamin netanyahu and from his security cabinet. that has not come yet. on sunday, it's expected that the secretary general of arab league is going to come to gaza with four arab foreign ministers. it may be difficult to launch a ground invasion while just a high-level group is there. we understand that intense contacts are under way between israel and the united states to potentially talk about a cease-fire. i spoke with a senior israeli spokesman who flatly denied reports that some sort of negotiated cease-f
egypt is trying to prevent this war from getting out of hand. spearheading talks aimed at ending the violence. israel's prime minister says hamas can end all this. ben wedeman is watching the conflict play out. >> reporter: we've seen apparent urgent action by the israeli army in this area to get as much material, tanks, armored personnel carriers and troops in the area around gaza in obvious preparation for a potential ground invasion of the gaza strip. but a decision to actually go in...
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and fred, tell us why egypt is such a concern this time around. >> oh, egypt is a huge concern this time around, carol, because first of all, it has a new and very islamist government in place that, of course, for many people especially hamas in gaza believe it's more on the sides of hamas than governments in egypt have been before. there are people who believe egypt might not stand idle by as this is happening as the government did in the past when hosni mubarak was still in power. certainly egypt plays a lynchpin role in all of this. the egyptians not very happy, not only did they call for condemnation of israeli air strikes in gaza but also recalled their ambassador here from israel and responded the israeli ambassador. certainly egypt is a big concern. meanwhile, the israeli military operation in gaza is going on. there have been further air strikes. about 100 missile sites targeted by the israeli military. they're saying they're trying to target especially medium and long-range missiles they believe could be a threat to towns like tel aviv and other towns around gaza. israeli prime
and fred, tell us why egypt is such a concern this time around. >> oh, egypt is a huge concern this time around, carol, because first of all, it has a new and very islamist government in place that, of course, for many people especially hamas in gaza believe it's more on the sides of hamas than governments in egypt have been before. there are people who believe egypt might not stand idle by as this is happening as the government did in the past when hosni mubarak was still in power....
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. >>> there have been big protests in egypt. cairo is vowing it won't leave gaza unprotected. in a fiery speech, egyptian president morsi condemned what he calls israel's blatant aggression. >> we support the people of gaza. we are with them in their trenches. what hurts them hurts us and the blood that flows from their children is our blood, too. >> the israeli government says palestinian militants have fired more than 700 rockets at israel over the past year alone and it wants that to stop. and southern israel near the gaza border is right in the rocket's path. near the gaza border, fred, good morning. you have been on the front line near gaza. what are you seeing there? >> hi, randi. we're seeing israeli troops massing there on the front line there. we are massing several sights where we're seeing tanks and bulldozers that are getting ready to invade gaza if they, in fact, are ordered to do so. they said that they're just g getting ready for it right now and perfect to conduct a round of offensive if they feel they are not achieving the goals they want to achieve with the c
. >>> there have been big protests in egypt. cairo is vowing it won't leave gaza unprotected. in a fiery speech, egyptian president morsi condemned what he calls israel's blatant aggression. >> we support the people of gaza. we are with them in their trenches. what hurts them hurts us and the blood that flows from their children is our blood, too. >> the israeli government says palestinian militants have fired more than 700 rockets at israel over the past year alone and it...
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it's also threatening security and peace in egypt and the egyptian territory. we have to remember just about two months ago in the high holiday of ramadan, the muslim holiday, terrorists murdered cold blooded 16 egyptian soldiers so the terror from hamas in gaza easily spills over into sinai. >> the israeli deputy foreign minister danny ayalon, take a look at your screen. these are live pictures, by the way, that you're looking at. an explosion in gaza city just after 4:00 in the afternoon there. we've been speaking to our sara sidner in gaza. she was telling us earlier that hamas police headquarters had been hit and showing us the damage there. she said the explosions continue. the streets are pretty well deserted except for a few cars here and there. certainly drones in the sky as well. the death toll, she told us, was up to about 39 in gaza, so once again here you can see smoke filling the air in gaza city just after 4:00 in the afternoon. some live pictures we'll keep an eye on for you. next up, the other side of the story from a member of the palestinian l
it's also threatening security and peace in egypt and the egyptian territory. we have to remember just about two months ago in the high holiday of ramadan, the muslim holiday, terrorists murdered cold blooded 16 egyptian soldiers so the terror from hamas in gaza easily spills over into sinai. >> the israeli deputy foreign minister danny ayalon, take a look at your screen. these are live pictures, by the way, that you're looking at. an explosion in gaza city just after 4:00 in the...
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the goal of a new piece initiative underway right now in egypt. an egyptian military official says an israeli special envoy has just arrived for talks. israel targeted hamas government buildings, homes and a media center. six journalists were injured when that media was hilt twice. let's go to the israeli border at gaza. >> reporter: there's actually an air alarm in a town a couple of miles away from here. we have heard some thumping impacts there, just a couple of minutes before we went live on this report. tonight we ourselves have had to take cover twice when there were rockets being fired. it really has been quite a busy day, quite an intense day for the people here as well. they have been having to take cover quite a number of times. we have seen, i would say at least a dozen air alarms. also we were out in an open field and we had to take shelter there several times as well. it seems as though the rocket barrages are going on even more intensely than they were before. what the israelis of course do have is this missile interceptor system whi
the goal of a new piece initiative underway right now in egypt. an egyptian military official says an israeli special envoy has just arrived for talks. israel targeted hamas government buildings, homes and a media center. six journalists were injured when that media was hilt twice. let's go to the israeli border at gaza. >> reporter: there's actually an air alarm in a town a couple of miles away from here. we have heard some thumping impacts there, just a couple of minutes before we went...
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one of the most important here is egypt, egypt dealing with upheaval, as you know, battling militant militants up near gaza, you also have jordan here, and jordan in recent days has had clashes in which protesters upset about the economy have actually been taking on the king, which is very unusual. finally, you have lebanon, one major official killed in a bombing, and up to the north, as you know we have been covering the syrian civil war. so obviously, a violent region and a lot of peoe
one of the most important here is egypt, egypt dealing with upheaval, as you know, battling militant militants up near gaza, you also have jordan here, and jordan in recent days has had clashes in which protesters upset about the economy have actually been taking on the king, which is very unusual. finally, you have lebanon, one major official killed in a bombing, and up to the north, as you know we have been covering the syrian civil war. so obviously, a violent region and a lot of peoe
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egypt decided to remove its ambassador to israel last night. we were talking to the foreign ministry, a spokesman there, who was telling us that they were not told immediately that they had to call egypt and ask if the ambassador had indeed left. and that turned out to be true. so you're seeing quite a bit of a response there from egypt. egypt making statements about what israel is doing in gaza, but israel responding, saying that they have been the target of 120 rockets since saturday. that has grown exponentially over the past day or so. they've seen now hundreds of rockets coming into israel, and they say as long as they are being attacked, they are going to return and retaliation for those attacks. >> sara sidner, live along the israel/gaza border, thank. >>> david petraeus will testify after all about the attack in benghazi. when he resigned last week, he withdrew from a congressional hearing. now the ex-cia director has agreed to meet behind closed doors with the senate committee some time soon and the house committee tomorrow. new york r
egypt decided to remove its ambassador to israel last night. we were talking to the foreign ministry, a spokesman there, who was telling us that they were not told immediately that they had to call egypt and ask if the ambassador had indeed left. and that turned out to be true. so you're seeing quite a bit of a response there from egypt. egypt making statements about what israel is doing in gaza, but israel responding, saying that they have been the target of 120 rockets since saturday. that...
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egypt's prime minister paid a visit to gaza. somehow that going so far? >> well, it was originally planned it would be a three-hour cease fire while the egyptian prime minister was making this visit to gaza. according to our sources, it doesn't appear either side significantly reduced their level of military activity in gaza. certainly before the sun came up there was an intense air attack on gaza itself. it may have been lessened somewhat in the morning while the prime minister was touring gaza. but after he's gone, it's expected to get back to the same pace. >> there are elections coming up not too long from now in israel. palestinians are saying that may be part of the impetus for israel to be taking action. >> certainly this is what you hear oftentimes. tc it was the casame case in the 2008, 2009 offensive. they say the leaders are motivated by a desire to show they're strong on hamas. in fact, we spoke to one palestinian lawmaker who stressed the point that really this is all about politics. >> and ben, of course, one of the big concerns right now --
egypt's prime minister paid a visit to gaza. somehow that going so far? >> well, it was originally planned it would be a three-hour cease fire while the egyptian prime minister was making this visit to gaza. according to our sources, it doesn't appear either side significantly reduced their level of military activity in gaza. certainly before the sun came up there was an intense air attack on gaza itself. it may have been lessened somewhat in the morning while the prime minister was...
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president, the reason i call it an apology tour is because you went to the middle east, and you flew to egypt and to saudi arabia and to turkey and iraq, and, by the way, you skipped israel, our closest friend in the region, but you went to the other nations. >> if we're going to talk about trips that we've taken, when he was a candidate for office, first trip i took was to visit our troops, and when i went to israel as a candidate you didn't take donors or attend fundraisers. i went to the holocaust museum there to remind myself the nature of evil and why our bond with israel will be unbreakable. >>> back here in the states the president is using all his star power to reach voters before tuesday. take a listen to dave matthews in virginia this weekend. ♪ >>> on monday the president can count on even more star-studded support. he is hitting wisconsin, ohio, and iowa with the boss, bruce springsteen, and then jayzee is expected to join them in ohio. >>> cnn -- oh, my goodness there. "snl" -- wow. i'm so used to saying cnn. "snl" had a good fun with the fall-out including chris christie's glo
president, the reason i call it an apology tour is because you went to the middle east, and you flew to egypt and to saudi arabia and to turkey and iraq, and, by the way, you skipped israel, our closest friend in the region, but you went to the other nations. >> if we're going to talk about trips that we've taken, when he was a candidate for office, first trip i took was to visit our troops, and when i went to israel as a candidate you didn't take donors or attend fundraisers. i went to...
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is that peace treaty stween israel and egypt on the verge of collapse? >> it's vital not just for israel, egypt, it's vital for the entire region, for the world. we understand this. we think the egyptians understand this full well. the egyptians have played a constructive role in the past mediating -- i think they can play the similar role today. >> are they? >> i think they can. >> but are that? >> that's all i can say right now is i think they can play a constructive role. and we hope they will. >> that suggests to me they're not yet doing that. >> well, right now the situation's very fluid on the ground. and hamas shows every intention of escalating further. it's not stepping down. >> mr. ambassador, thanks very much for coming in. we're watching this situation very, very closely. >> thank you, wolf. >> michael oren is the israeli ambassador to the united states. in our next hour we're going to take a look at what the u.s. -- if the u.s. can do anything about this escalating violence that's going on, the tensions escalating between the israelis and th
is that peace treaty stween israel and egypt on the verge of collapse? >> it's vital not just for israel, egypt, it's vital for the entire region, for the world. we understand this. we think the egyptians understand this full well. the egyptians have played a constructive role in the past mediating -- i think they can play the similar role today. >> are they? >> i think they can. >> but are that? >> that's all i can say right now is i think they can play a...
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election is certainly making headlines around the world today from egypt to europe. our reporters are fanned across the globe with reaction. >> i'm ben wedeman in cairo. most egyptians seem to prefer barack obama over mitt romney. many of them saying they thought the republicans are simply too pro israeli. but for most egyptians, there is so much going on in this country after the revolution, what with a faltering economy, and an uncertain political future. >> reporter: i'm fred platkin in berlin, germany. germans are by and large happy with the outcome of the election. barack obama would have gotten 90% of the vote here in this country. >> reporter: i'm reza sayah in pakistan. four years ago many here supported mr. obama. not the case this year. many wanted change. they wanted mr. romney and that's because they still don't like u.s. policy in the region, especially the drone strikes. >> americans have weighed in on several important ballot initiatives. take a look at this. for the first time voters in maine approved a measure giving same sex couples the right to mar
election is certainly making headlines around the world today from egypt to europe. our reporters are fanned across the globe with reaction. >> i'm ben wedeman in cairo. most egyptians seem to prefer barack obama over mitt romney. many of them saying they thought the republicans are simply too pro israeli. but for most egyptians, there is so much going on in this country after the revolution, what with a faltering economy, and an uncertain political future. >> reporter: i'm fred...
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this will be the first press conference since that attack in egypt that killed a u.s. ambassador and three other americans. and i wouldn't be surprised as well, carol, if he gets questions about looming cabinet appointments. >> i bet he will. news conferences used to be a regular occurrence with the president. any chance these will happen more frequently? >> reporter: i don't know. we did see in the campaign that the president preferred to, instead, do sbrinterviews with local stations and use social media. obviously when there's a press conference with the white house press corps and we're all very intensely familiar with his record, it's clear that the white house has felt that the downside of a misstep has far outweighed the benefit they would get from this. however, it would be very unusual if president obama did not have this press conference after an election. this is sort of the norm that a president does this. george w. bush had one two days after he was re-elected. clinton, three days after he was elected. reagan actually had one the morning after he was re-el
this will be the first press conference since that attack in egypt that killed a u.s. ambassador and three other americans. and i wouldn't be surprised as well, carol, if he gets questions about looming cabinet appointments. >> i bet he will. news conferences used to be a regular occurrence with the president. any chance these will happen more frequently? >> reporter: i don't know. we did see in the campaign that the president preferred to, instead, do sbrinterviews with local...
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and it looks like egypt played a role here. >> and i think egypt, that is significant indeed. because there are also concerns of president morsi and the rise of the muslim brotherhood, in exactly how they would play a role. he seems to be constructive, leaving instructions he was to be woke up if president morsi wanted to talk to him. and he was, indeed, woken at 2:30 in the morning. cambodia time, for another discussion. i would think that is very encouraging for the arab spring, almost everybody is concerned, turning on its head. you have the president looking to do a deal, work with america and indeed, israel. >> it seems like although at the very beginning he made some statements that were very questionable, supporting the hamas side. it seems to me over the last couple of days he has taken a much more balanced approach, certainly more than turkey. hopefully by doing that, he freezes iran out. because i have a sense, as many do, that iran was behind a lot of it. after all, many of the missiles were iranian missiles. so if morsi can assert himself, continue to assert himsel
and it looks like egypt played a role here. >> and i think egypt, that is significant indeed. because there are also concerns of president morsi and the rise of the muslim brotherhood, in exactly how they would play a role. he seems to be constructive, leaving instructions he was to be woke up if president morsi wanted to talk to him. and he was, indeed, woken at 2:30 in the morning. cambodia time, for another discussion. i would think that is very encouraging for the arab spring, almost...
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how is egypt calling the shots in terms of the way the palestinians are reacting? >> reporter: well, on the one hand, one needs to remember when it came to trying to mediate deals between these two sides, egypt has always played something of a pretty critical and central role. what has changed now is the dynamics between egypt and israel after the arab spring, and after the fact that hosni mubarak, who was a staunch ally of the west and is no longer in power. and now the egyptians became an entity because of the fact they are led by the muslim brotherhood, became an entity significantly closer to the hamas leadership here in gaza. that really changed a lot of the dynamics and the way we've been seeing things play out on the ground. the dynamics of what is transpiring that led to the cease-fire, we'll have to wait and see if it holds. that is what has changed, most certainly, egypt, given the fact it is a very young government, has at least for now proven itself. in one sense it has passed that critical test. >> arwa damon, thank you very much. here now with a view
how is egypt calling the shots in terms of the way the palestinians are reacting? >> reporter: well, on the one hand, one needs to remember when it came to trying to mediate deals between these two sides, egypt has always played something of a pretty critical and central role. what has changed now is the dynamics between egypt and israel after the arab spring, and after the fact that hosni mubarak, who was a staunch ally of the west and is no longer in power. and now the egyptians became...
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he made this remark when he said hey, look, egypt of today is not the egypt of yesterday. the arab world of today is not the arab world of yesterday. but i think there are some real limits as well on the egyptians. one thing that we have to say since we're really beginning to talk about diplomacy, our president is in, i think, now in cambod cambodia. he has with him his secretary of state and his national security advi adviser. it's a remarkable development. when you ask, what is the role of the united states in this crisis, you are always told oh, they're on the phone. so it is phone diplomacy for the united states, and that's about all. >> reporter: ann marie slaughter, do you agree with that? should the u.s. be doing more here? >> well, at this point, it's not really clear what the u.s. can be doing because although the egyptians and the turks and the qataris all have a big incentive to see a cease-fire that lasts, and i think the u.s. does, too. none of us can want it more than the israeli and the palestinians do. you can't create a settlement unless the principles act
he made this remark when he said hey, look, egypt of today is not the egypt of yesterday. the arab world of today is not the arab world of yesterday. but i think there are some real limits as well on the egyptians. one thing that we have to say since we're really beginning to talk about diplomacy, our president is in, i think, now in cambod cambodia. he has with him his secretary of state and his national security advi adviser. it's a remarkable development. when you ask, what is the role of...
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your view from egypt, obviously very changed situation in egypt. fouad saying there is rhetoric in support of hamas, in the end [ inaudible ] like many here in gaza would hope. what do you see? >> i think that's right. there is only so much that egypt could do. what they're trying to do is getting more and more complicated. president mubarak used to hold himself out as a kind of honest broker between hamas and israel. he wasn't, really. he was on the israeli side, more or less, and all the discussions were handled through the intelligence agencies here within the egyptian government. now we see the intelligence agencies talking to the israeli side where they have long-standing contacts and the office of the president, president muhammed morsi of the muslim brotherhood who of course is a long-time fellow islamist ideological ally of hamas, handling the other side. so there are all these talks within the egyptian government to parallel the talks between hamas and israel. what we're seeing the egyptian government begin to do which is i think really ve
your view from egypt, obviously very changed situation in egypt. fouad saying there is rhetoric in support of hamas, in the end [ inaudible ] like many here in gaza would hope. what do you see? >> i think that's right. there is only so much that egypt could do. what they're trying to do is getting more and more complicated. president mubarak used to hold himself out as a kind of honest broker between hamas and israel. he wasn't, really. he was on the israeli side, more or less, and all...
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they're in egypt right now. both sides. they're not talking to one another. they're talking about this. >> there is a reminder -- we've been several years without any meaningful mideast peace process between the israelis and the palestinians. this is is a reminder that that is a not a cost free option. drift has cost in the sense of creating heightening tensions which come to this kind of flash point every few years. >> there is an interesting policy which has been taking place over the last few years which is having an impact. the iron dome. protecting israeli citizens in these cities from being hit by the incoming rockets. it may change israel's negotiating stance and make them slower to move ground troops into gaza. >> we have to continue crippling sanctions the congress pushed and the obama administration has
they're in egypt right now. both sides. they're not talking to one another. they're talking about this. >> there is a reminder -- we've been several years without any meaningful mideast peace process between the israelis and the palestinians. this is is a reminder that that is a not a cost free option. drift has cost in the sense of creating heightening tensions which come to this kind of flash point every few years. >> there is an interesting policy which has been taking place over...
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egypt then and now took the lead in negotiating. the circumstances, though, are quite dramatically different in a geopolitical sense now. israel wants to stop the rocketing. clearly a desirable objective from their standpoint. and they want to make it to try to deter future action by making this punishment severe but what they don't want to do is lose egypt. a high strategic value to israel is its peace treaties with israel and jordan and -- >> very difficult for president morsi. >> very difficult. >> he's in a very, very difficult position. he's obviously trying to not alienate the americans and the israelis, but at the same time, he's very aware of a lot of rising anger amongst the arab community about what is going on there. >> that's right. every leader in this conflict and in this region faces competing pressures. for morsi, it is just the ones you described. they are the muslim brotherhood. hamas is an offshoot. mubarak opposed and severely contained the muslim brotherhood. morsi is now part of them or they are part of their e
egypt then and now took the lead in negotiating. the circumstances, though, are quite dramatically different in a geopolitical sense now. israel wants to stop the rocketing. clearly a desirable objective from their standpoint. and they want to make it to try to deter future action by making this punishment severe but what they don't want to do is lose egypt. a high strategic value to israel is its peace treaties with israel and jordan and -- >> very difficult for president morsi. >>...
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violent protests on the streets of egypt. nearly two years after an uprising saw the fall of president hosni mubarak, now another call for revolution, this time the target is his successor. it follows president mohamed morsi, granting himself sweeping new powers and among them, a temporary ban on any authority questioning or overturning his decisions. that decree leadi ining to the scenes like this one. his supporters and protesters clashing on the streets. next week a court in cairo will attempt to decide whether it is even a constitutional move. reza sayah is live for us in cairo. before we talk about how he's justifying the powers, you're getting new information on a huge move from the muslim brotherhood. reza, are you with me? we're going to work on getting -- >> reporter: brooke, the muslim brotherhood has canceled their 1 million man demonstration. of course it could energize the opposition factions behind us with their 1 million man demonstration, but there is absolutely no indication at this point that the muslim brot
violent protests on the streets of egypt. nearly two years after an uprising saw the fall of president hosni mubarak, now another call for revolution, this time the target is his successor. it follows president mohamed morsi, granting himself sweeping new powers and among them, a temporary ban on any authority questioning or overturning his decisions. that decree leadi ining to the scenes like this one. his supporters and protesters clashing on the streets. next week a court in cairo will...
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and i suspect the israelis are finding the new egypt very different than the old egypt. the old egypt did not see hamas as a brother in arms. they saw hamas as really a very different sort of arab cause. that's president mubarak. and now the president of egypt sees hamas as part of the larger muslim brotherhood movement. so israel didn't have anyone, probably, to talk to. and i suspect the united states was worried that this situation was going to possibly spin out of control. >> and obviously, since that meeting finished, the rockets, as he we said, the worst our reporters have seen. nick, where are we going from here? everyone is talking about a cease-fire. but yet when hillary clinton spoke about it, the united states spoke about it today, they didn't use that word. they used this word i did not understand called de-escalating. here is the secretary of state. >> america's commitment to israel's security is rock-solid. and unwavering. that is why we believe it is essential to deescalate the situation in gaza. >> nick, what does deescalate mean? is that diplomatic doubl
and i suspect the israelis are finding the new egypt very different than the old egypt. the old egypt did not see hamas as a brother in arms. they saw hamas as really a very different sort of arab cause. that's president mubarak. and now the president of egypt sees hamas as part of the larger muslim brotherhood movement. so israel didn't have anyone, probably, to talk to. and i suspect the united states was worried that this situation was going to possibly spin out of control. >> and...
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he is speak together leaders of egypt. he is hoping that the government of qatar, turkey, that they can convince them to stop with the rockets and hopefully they can have an effort to achieve a long range solution. that's going to be very, very difficult as all of us know. but the prime minister of israel, he says 30,000 ground forces have been activated, they are in training exercises, not far from gaza and they will go in as brutal and ugly as that might, they don't want to do that because it'll cause an enormous amount of pain. israelis had a poor experience under gaza four years ago. and again with hezbollah forces. they don't want to do that but the prime minister feels he has no choice. the next 42 hours will be critical and i say there is a 50/50 chance after diplomatic cease-fire. >> wolf blitzer, thank you. >>> be sure to join wolf blitzer monday, 4:00 p.m. eastern, for "the situation room," a special edition live from jerusalem. >>> a peace effort under way it stop the violence. egypt working to reinstate a cease
he is speak together leaders of egypt. he is hoping that the government of qatar, turkey, that they can convince them to stop with the rockets and hopefully they can have an effort to achieve a long range solution. that's going to be very, very difficult as all of us know. but the prime minister of israel, he says 30,000 ground forces have been activated, they are in training exercises, not far from gaza and they will go in as brutal and ugly as that might, they don't want to do that because...
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cairo, egypt, tahrir square. and thousands of people are refusing to go home. they are angry at their president. they say he's made himself a dictator. it's quiet now in cairo. it's just after 2:00 a.m., but it definitely was not quiet earlier in the day. listen. tear gas filled the air and crowds of protesters scattered when riot police tried to break up the protests in cairo. we have reports of demonstrators trying to break into the offices of the president's party, the muslim brotherhood. and at least one person reportedly died today in the street violence, a teenager. cnn's reza sayah spent much of the day right in the middle of the chaos in cairo. >> we keep seeing these clashes between protesters and police, protesters throwing rocks at police. police responding by firing tear gas and stun grenades. we're just a few blocks away from tahrir square. we should point out most of these protesters are young men, 20-something, teenagers, hard to say if they're here fighting for democracy or here to cause some trouble. those were chants of down with president mor
cairo, egypt, tahrir square. and thousands of people are refusing to go home. they are angry at their president. they say he's made himself a dictator. it's quiet now in cairo. it's just after 2:00 a.m., but it definitely was not quiet earlier in the day. listen. tear gas filled the air and crowds of protesters scattered when riot police tried to break up the protests in cairo. we have reports of demonstrators trying to break into the offices of the president's party, the muslim brotherhood....
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this is time egypt doesn't have. there is a real interest in moving forward and creating solutions to the many problems left behind by the mubarak era. the problem throughout the region where you see changes is the deep polarization between islamic parties and secular forces and both sides deeply afraid the other side is going to create an islamic regime or take the countries that have undergone democratic transitions back into ought accuratetic rule. >> steven, you say president morsi and the muslim brotherhood after spending decades being sidelined they're terrified of losing power. beyond that, is there much clarity about their motives in recent days? >> there doesn't seem to be. the muslim brotherhood is a very opaque organization. it's decades out of power and just months in power. this seems to have been a misstep, a misjudgment. the question is, what were the motivations behind it? was it as some have suggested that morsi was feeling confident riding a wave of international approval after brokering a cease-fir
this is time egypt doesn't have. there is a real interest in moving forward and creating solutions to the many problems left behind by the mubarak era. the problem throughout the region where you see changes is the deep polarization between islamic parties and secular forces and both sides deeply afraid the other side is going to create an islamic regime or take the countries that have undergone democratic transitions back into ought accuratetic rule. >> steven, you say president morsi...
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Nov 27, 2012
11/12
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CNNW
tv
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things are moving fast in egypt. we'll take you there, live. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to...